• Avient Corp AVNT.N reported quarterly adjusted earnings of 49 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 52 cents. The mean expectation of seven analysts for the quarter was for earnings of 48 cents per share. Wall Street expected results to range from 48 cents to 49 cents per share.

• Revenue rose 3.8% to $746.50 million from a year ago; analysts expected $749.02 million.

• Avient Corp's reported EPS for the quarter was 52 cents​.

• The company reported quarterly net income of $48.3 million.

• Avient Corp shares had risen by 2.2% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 1.2% in the last three months.​

• In the last 30 days, two analysts negatively revised earnings estimates

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the specialty chemicals peer group is also "buy"

Wall Street's median 12-month price target for Avient Corp is $55.00

This summary was machine generated from LSEG data February 13 at 02:30 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)